Waddell & Reed Financial, Inc. Announces October 31, 2018 Assets Under Management

Company Release - 11/12/2018 4:15 PM ET

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $72.2 billion for the month ended October 31, 2018, compared to $79.5 billion on September 30, 2018.

Month Ended October 31, 2018
Retail       Institutional   Total
Beginning assets $   74,355 $ 5,187 $   79,542
Net flows (1) (1,437 ) 84 (1,353 )
Market action     (5,200 )   (778 )     (5,978 )
Ending assets$   67,718   $4,493   $   72,211  

(1) Includes client transfers of $0.5 billion from Retail to Institutional during the month.

Cautionary Statement

The preliminary information included in this news release reflects management's estimate based on currently available information.Estimates are subject to change. Accordingly, you should not place undue reliance upon this preliminary information.

About the Company

Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and financial planning services to clients throughout the United States since 1937.Today, we distribute our investment products through the unaffiliated channel (encompassing broker/dealer, retirement, and registered investment advisors), our broker-dealer channel (through independent financial advisors), and our Institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships).For more information, visit

Waddell & Reed Financial, Inc.
Investor Contact:
Michael Daley, 913-236-1795
VP, Investor Relations
Mutual Fund Investor Contact:
Call (888) WADDELL, or visit www.waddell.comor

Source: Waddell & Reed Financial, Inc.

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